Ship Power's strategy and Wärtsilä presence in China

DWT % Customers behavior: ship owners Who orders in China? • At a global level, ship owning is shifting, with Chinese owners growing their fleets and importance in the shipping landscape • Chinese owners prefer to order from Chinese yards Contracting activity in Chinese yards, by ship owner country 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 2001 2002 2003 2004 2005 2006 Contracting year 2007 2008 2009 2010 ■CHINA ■GREECE GERMANY ■HONG KONG ■SINGAPORE ■DENMARK UNITED STATES ■ITALY Source: Marine Market Database 6 © Wärtsilä WÄRTSILÄ

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